Question
Question: What is the difference between Mean and Standard Deviation?...
What is the difference between Mean and Standard Deviation?
Solution
In this type of question we have to consider the concept of mean and standard deviation and then we have to consider the difference between them. We know that in maths mean and standard deviation plays an important role in measurement. We know that the average of all given values of all observations is considered as mean while the measure of distribution of the data is called the standard deviation.
Complete step-by-step solution:
Now we have to find the difference between mean and standard deviation.
The mean of a series of data is the value equal to the sum of the values of all the observations divided by the total number of observations. It is the most commonly used quantifier of central tendency. Also it is easy to measure. The formula for calculation of mean is as follows:
⇒x=n∑x
Here, ∑x represents the sum of all values of the observations, n represents the total number of observations and x represents the mean.
In other words we can also write formula for mean as
⇒x=Total number of observationsSum of all values of the observations
The standard deviation is considered as the measure of the dispersion of the data values from the mean. The standard deviation measures the absolute variability of the distribution of the data. The symbol ′′σ′′ represents the standard deviation. The formula to calculate standard deviation of the given data is:
⇒Standard Deviation = σ=ni=1∑n(xi−x)2
Here, xi represents the different values of the observations, n represents the total number of observations and x represents the mean.
For Example: Find the mean and standard deviation for 6,2,5,4,12,7.
As we have to find the mean and standard deviation, we first calculate the mean as follows:
⇒Mean=Total number of observationsSum of all values of the observations